House building strong amid cooling construction
Further evidence of the cooling off in construction has come with reports of an 8.5% decline in contract awards last month over August 2019.
The total value for the month was £4.4 billion, initially showing...
Construction bouncing back from lockdown but no-deal Brexit threat still looms – CPA
Strong demand for new private housing and repair & maintenance looks set to mitigate the historic falls in construction growth during lockdown but the industry is not out of the woods yet and faces...
Construction buoyant but strong headwinds coming – CPA
Construction activity is set for a dramatic slowing in growth with further uncertainty ahead as global issues start to affect the UK market, according to the latest quarterly forecast from the Construction Products Association.
The...
‘We need retrofit strategy, not another reshuffle’ – FMB
Another cabinet reshuffle – including the fifth new housing minister in 12 months – will do nothing to ease the woes of SMEs without bold policy action, says the FMB in response to the...
Growth forecast soon but not just yet – CPA
Construction output is forecast to fall by 2.1% this year but will turn around to rise by 2.0% in next year, according to the Winter Forecast published this week by the Construction Products Association.
“Private...
Construction down …optimism up – S&P reports
A sharp decline in house building has led to the fastest fall in construction output since May 2020, while business expectations rebounded to the highest confidence level in six months, according to the latest...
Supplier delays and inflation ease but housing slows – S&P
Supplier delays and input cost inflation around the industry have begun to recede but housing activity fell for a third month in a row amid an overall picture of construction growth, according to the...
Tumbling materials prices in steepest decline since ’09, housing demand down – S&P
Construction purchasing prices fell more rapidly than in 14 years while subdued demand for new housing added to the continuing decline in residential building, all against a backdrop of continuing decline in construction activity,...
Inflation forces drop in profit forecasts – CPA
Continuing increases in energy and materials costs have forced construction profit margin forecasts to drop to the lowest level since 2020, with Wales and the South West, followed by Scotland, expected to suffer the...
Supply chain jitters fail to dampen construction product growth
Sales of construction products continued to grow in Q4 2020 despite growing concerns over material and component import issues, according to the latest Construction Product Association’s (CPA) State of Trade Survey.
The increase reflects a...
